Accounts receivable factoring is great tool for funding your company. It helps your small business get the working capital needed to maximize opportunities and keep profitable. Below, we will discuss scenarios where receivable factoring is a funding option that makes sense. Is Your Business New? Startup businesses do not typically have a lot of working capital. Having the ability to meet payroll, invest in a new idea or buy raw material can make or break the company. Often times, new businesses are not able to secure bank funding giving them few options to raising capital. Selling their accounts receivables can be an effective way to raise money ... Read More

At Paragon Financial, we have been funding government contractors for over 24 years. We are one of the few factoring companies that will work with the government and we do it on the federal, state and local levels. Other factoring and finance companies simply don’t have the resources and knowledge in order to successfully navigate through the government red tape. We understand the complexities of FAR and leverage the Department of Defense’s iRapt. Federal, state and local governments offer you the opportunity to sell billions of dollars worth of products and services. Many government agencies require that some percentage of ... Read More

Invoice factoring and PO funding for Washington DC government contractors are available today. Typically the factoring of government receivables is not available by banks and factoring companies. With 20 years of experience, Paragon Financial understands how to work through the government bureaucracy of local, state and federal agencies. We possess deep knowledge of the Federal Acquisition Regulation (FAR) and receive payment through programs like iRAPT formerly WAWF. Paragon’s DC government contract clients receive benefits from our Financial Capability Certification Program. This program provides customers with contingent financing commitments so that they can demonstrate to U.S. Government contracting officers that they possess the financial ... Read More

What is a Unique Selling Proposition (USP)? A USP is how you as a factoring broker, differentiate yourself from your competition. We are sure you have your own USP to help your company stand out and close more deals. Here is Paragon’s Unique Selling Proposition, which we hope you can utilize within your sphere of influence. What is Paragon’s Unique Selling Proposition? 1. We credit protect you Why is this important and how does it separate Paragon from other AR factoring companies? Less than 20% of invoice factoring companies utilize credit insurance. Why so few? It is expensive and many invoice factors do ... Read More